Hi, I'm new to this forum and have been lurking around. I'm currently on the road to repairing my credit and will need some advice and assistance from all the knowledgeable experts available on this board.
I pulled my report from all 3 agencies and there are a few things I will like to get rectified. Most of my negative items have been removed at the moment as they have reached the 7 year limit but there are still a few I will like to get cleared of. At the moment my total debt is very minimal and my score across the all 3 range from 530 - 590. The 5 items remaining on my credit report are all collection items that are marked as "Potentially Negative Closed". 2 of which seem to be duplicates.
I will thus like to know how to proceed with these items in order to clear them off my report and get my credit back on track.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.